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Is This the Top for Molex Incorporated (MOLX)

Zacks Equity Research

Molex Incorporated (MOLX) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MOLX is now in overbought territory with an RSI value of 78.44. Furthermore, estimates for the Molex Incorporated have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth. 

MOLEX INC (MOLX): Free Stock Analysis Report

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